One Last Night in Sac-Town: Cavs Fall to Kings

Summary of 3 articles · Updated Jan 15, 2013

The league's deadline for teams to apply for a move for the next season is March 1, though that has been extended each of the last two years for the Kings. One person said the Kings could sell for more than $500 million, topping the NBA-record $450 millio… (more)n the Golden State Warriors sold for in 2010. Speaking at the annual State of Downtown breakfast on Tuesday, Johnson said he has received approval from NBA Commissioner David Stern to present a counteroffer to the league from buyers who would keep the team in Sacramento.